Consumer Loan Demand Set to Rise This Quarter

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Outstanding household loans and delinquency conditions in the United States showed slight improvement in the second quarter. According to the second-quarter Household Debt and Credit Report released by the Federal Reserve of New York on the 11th (local time), total U.S. household debt stood at $18.8 trillion as of the end of June, down $13 billion (0.1%) from the previous quarter. The proportion of total household debt overdue by 30 days or more…

연합뉴스-Yonhap News Agency

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(New York = Yonhap News) Correspondent Lee Ji-heon = U.S. household loan balances and delinquency conditions showed slight improvement in the second quarter.